Gladstone Land Corp Plans Dividend of $0.03 (LAND)
Gladstone Land Corp (NASDAQ:LAND) announced a dividend on Tuesday, January 7th, AnalystRatings.Net reports. Stockholders of record on Wednesday, February 19th will be paid a dividend of 0.03 per share on Friday, February 28th. The ex-dividend date is Friday, February 14th.
On a related note, analysts at Zacks upgraded shares of Gladstone Land Corp from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, November 29th. They now have a $16.80 price target on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $17.36.
Gladstone Land Corp (NASDAQ:LAND) traded up 1.18% during mid-day trading on Friday, hitting $13.70. 21,046 shares of the company’s stock traded hands. Gladstone Land Corp has a 52-week low of $13.10 and a 52-week high of $18.739. The stock has a 50-day moving average of $14.91 and a 200-day moving average of $15.92. The company has a market cap of $89.5 million and a P/E ratio of 218.39.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.